Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarians planning to make expensive purchases, although they expect recession

Photo: library

Despite the economic growth registered in Bulgaria, the local consumers fear that it would not last long and expect that their country would enter into a recession, data of a public opinion survey about the consumer climate in Europe in the second quarter of 2016 show. The economic expectations of the Bulgarian citizens dropped by 1.4% in the second quarter of 2016 against the backdrop of a 3% economic growth in 2015 and 2.9% growth in the first trimester of 2016. Meanwhile, their revenue expectations increased to 5.2 points, which is 11.8% increase as compared to the same period last year. In view of the constant decrease of unemployment levels and the stable economy, most Bulgarians believe that now is the perfect moment to purchase expensive items and services.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian producers want more farmers' markets

The situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..

published on 2/20/25 5:31 PM

Cocaine worth over 400 thousand leva seized near Simitli

A specialized police operation by the Directorate of the Bulgarian Anti-Drug and Drug Enforcement Administration (GDBOP) uncovered an organized crime group operating in the Blagoevgrad region , related to the distribution of narcotics.  5 kg of..

published on 2/20/25 5:18 PM
Stanislav Balabanov

Bulgarian Parliament to issue declaration against sending Bulgarian soldiers to Ukraine

Over 70% of Bulgarians are categorically against sending a military contingent to Ukraine. This was stated by Dimitar Ganev from the sociological agency “Trend” in an interview for the Bulgarian National Radio. President Radev opposes sending..

published on 2/20/25 1:14 PM